Buying at lower levels: the number of buyers on eToro increased after the fall of Bitcoin
Source:The Latest wave plum like as not frightened off most investors. It turns out that the volume of purchases of the cryptocurrency continues to grow with the fall of Bitcoin prices. This is indicated by the representatives of eToro, the largest trading kleptoplastidy in the UK. The company's customers averaged their positions instead of panic selling of assets.
theit's Time to buy cheap bitcoins
Analyst, eToro's Mati Greenspan recently published statistics about the behavior of 10 million users of the exchange. These data were calculated by another expert of the company Gil Alpert.
Clients [eToro] have used the last drop of Bitcoin to increase their positions.
Interest from the rest of the audience also increases. According to Google Trends, bitcoin has received the most search queries a day Cash hard forks and a day draining of Bitcoin. It is noteworthy that a similar situation exists even at the auction Althingi.
Wallets EOS users eToro raised in volume, all this against the background of reduction in the price of the cryptocurrency. However, some traders still gave up and closed their positions in the negative. But Ripple, on the contrary, is the «welcome» asset our customers, they pay off almost any fall Aldona.
Now, However, the overall trend of market decline and depression. The top 20 coins on Coinmarketcap have brought their investors on average 20-25 percent of losses in just a few days. Thus the worst assets were Cash and Bitcoin Tezos. Capital outflow is also strongly influenced by the Ethereum, cryptocurrency dropped to third place in the ranking, now ahead of Ethereum Ripple capitalization of approximately $ 4 billion.
Clients have used this crypto price drop to increase their BTC stacks.
The red circle shows a small yet clear uptick in client holdings since November 14th.
— Mati Greenspan (@MatiGreenspan)
The stock market may take months or even a year. On the other hand, the RSI on the 3-day chart of Bitcoin has reached its lowest level since January 2015. Recall, then ended last bearish trend, and the main cryptocurrency began the long road to $ 20,000.
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